FLOW vs. QOWZ
FLOW (SPX FLOW, Inc.) is a stock, while QOWZ (Invesco Nasdaq Free Cash Flow Achievers ETF) is Large Cap Growth Equities fund tracking the Nasdaq US Free Cash Flow Achievers Index - Benchmark TR Gross. Over the past year, FLOW returned 34.11% vs -0.39% for QOWZ. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
FLOW vs. QOWZ - Performance Comparison
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Returns By Period
In the year-to-date period, FLOW achieves a 16.49% return, which is significantly higher than QOWZ's -1.20% return.
FLOW
- 1D
- 0.00%
- 1M
- 6.30%
- 6M
- 15.58%
- YTD
- 16.49%
- 1Y
- 34.11%
- 3Y*
- 17.89%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.81%
QOWZ
- 1D
- 0.97%
- 1M
- 3.31%
- 6M
- 1.02%
- YTD
- -1.20%
- 1Y
- -0.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
FLOW SPX FLOW, Inc. | $145.47K | $107.15K | $67.32K |
| $51.96K | $49.43K | $74.07K |
FLOW vs. QOWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FLOW SPX FLOW, Inc. | 16.49% | 17.52% | 13.03% | 5.12% |
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF | -1.20% | 7.24% | 33.16% | 5.69% |
Correlation
The correlation between FLOW and QOWZ is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2023 | 0.58 |
The correlation between FLOW and QOWZ has been stable across timeframes, ranging from 0.58 to 0.62 - a consistent structural relationship.
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Return for Risk
FLOW vs. QOWZ — Risk / Return Rank
FLOW
QOWZ
FLOW vs. QOWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPX FLOW, Inc. (FLOW) and Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLOW | QOWZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.99 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 4.99 | -0.12 | +5.11 |
| Martin ratioReturn relative to average drawdown | 13.65 | -0.28 | +13.94 |
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Drawdowns
FLOW vs. QOWZ - Drawdown Comparison
The maximum FLOW drawdown since its inception was -21.64%, which is greater than QOWZ's maximum drawdown of -20.36%. Use the drawdown chart below to compare losses from any high point for FLOW and QOWZ.
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Drawdown Indicators
| FLOW | QOWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.64% | -20.36% | -1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -17.81% | +11.20% |
Max Drawdown (3Y)Largest decline over 3 years | -21.64% | — | — |
Current DrawdownCurrent decline from peak | -2.14% | -4.96% | +2.82% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -4.23% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 7.45% | -5.03% |
Volatility
FLOW vs. QOWZ - Volatility Comparison
SPX FLOW, Inc. (FLOW) has a higher volatility of 6.32% compared to Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) at 3.94%. This indicates that FLOW's price experiences larger fluctuations and is considered to be riskier than QOWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLOW | QOWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.32% | 3.94% | +2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 11.53% | 12.51% | -0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.77% | 15.81% | -0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 19.09% | -2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.08% | 19.09% | -2.01% |
Dividends
FLOW vs. QOWZ - Dividend Comparison
FLOW's dividend yield for the trailing twelve months is around 1.91%, more than QOWZ's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FLOW SPX FLOW, Inc. | 1.91% | 2.15% | 2.10% | 0.95% |
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF | 0.25% | 0.28% | 0.66% | 0.00% |
Frequently Asked Questions
FLOW and QOWZ have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLOW has higher volatility (6.32%) compared to QOWZ (3.94%). In terms of maximum drawdown, FLOW dropped -21.64% vs QOWZ's -20.36%.
FLOW currently has the higher Sharpe Ratio (2.11 vs -0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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